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China's Naphtha Imports Thirst Reflects Domestic Supply Crunch
(Friday, April 24, 2015) China imported nearly 495,000 tonnes of naphtha in March, the most since December and 12 percent off a record level last October, as traders sought to fill a supply void left by a cut in domestic production.
Japan's Maruzen Runs Naphtha Crackers at Full Capacity
(Friday, April 24, 2015) Japan's Maruzen Petrochemical Co has been running its two naphtha crackers at its Chiba plant, east of Tokyo, at full capacity, thanks to booming exports, company officials said on Friday.
PTT, Marubeni Select SE Ohio Site for Possible Ethane Cracker
(Wednesday, April 22, 2015) PTTGC and Marubeni are expected to make a final investment decision in 2016.
Companies to Re-evaluate Proposed Cracker Plant in W.Va.
(Wednesday, April 22, 2015) Brazilian petrochemical company Odebrecht and plastics maker Braskem say they will re-evaluate an ethane cracker they proposed to build in West Virginia.
Saudi's Sipchem Says Has Finished Testing New Plastics Plant
(Tuesday, April 21, 2015) Saudi International Petrochemical Co (Sipchem) has finished testing a new plastics plant owned by an affiliate, it said on Tuesday.
Celanese, Mitsui May Build Methanol Plant at South Texas Facility
(Monday, April 20, 2015) The potential methanol unit at Bishop, Texas, is expected to have an annual capacity of 1.3 million tons and would leverage the design benefits of the Clear Lake, Texas, methanol unit that is currently under construction.
No More Bonds Is Winning Formula for Mexichem Buoyed by Dollar
(Monday, April 20, 2015) Mexichem SAB's overseas sales and its pledge to cut debt are sheltering bondholders from a plunge in the petrochemicals maker’s home currency, the Mexican peso.
Adidas to Use Marine Plastic Waste in Products from 2016
(Monday, April 20, 2015) German sportswear firm Adidas is teaming up with a group trying to clean up the world's oceans with a plan to develop materials made from marine plastic waste that can be used in its products.
Saudi's SABIC Signs Deal to Use U.S. Shale Gas at British Plant
(Monday, April 20, 2015) Saudi Basic Industries Corp has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain, acting chief executive Yousef Abdullah al-Benyan told Reuters on Sunday.
Alibaba Helps Sinopec with Cloud Computing, Big Data
(Friday, April 17, 2015) The cooperation between Alibaba unit Aliyun and Sinopec would help upgrade some of the oil company's traditional petrochemical services, Sinopec said.
Saudi's Yansab to Shut Petchem Plants for Maintenance
(Thursday, April 16, 2015) Saudi Arabia's Yanbu National Petrochemical Co (Yansab) plans to shut its petrochemical complex this month for maintenance for 35 days, it said in a bourse filing on Thursday.
Developer: Ohio Ethane Cracker Still Economically Viable
(Monday, April 13, 2015) Despite diminished ethane feedstock advantage and higher projected cost, Ohio project still makes sense, says developer.
BASF to Ship 80,000 T Naphtha to Asia in Rare Move
(Monday, April 13, 2015) Petrochemical maker BASF is shipping some 80,000 tonnes of naphtha from Europe to Asia this week in a rare move, trade and shipping sources told Reuters.
Enterprise Launches Open Season for Additional Aegis Capacity
(Friday, April 10, 2015) Enterprise Products Partners L.P. has launched a supplemental binding open commitment period to determine shipper demand for incremental capacity being added on the Aegis pipeline between Mont Belvieu, Texas and the Napoleonville, Louisiana area.
Race to the Bottom: Cotton vs Polyester Prices
(Tuesday, April 07, 2015) Bulging cotton inventories in China and slumping oil markets have triggered a race to the bottom between cotton and polyester prices.
Thai PTT Global Shuts Olefins Plant for Maintenance
(Tuesday, April 07, 2015) PTT Global Chemical PCL, Thailand's largest petrochemical maker, has shut down for maintenance its olefins plant I-4/1 for 21 days from March 29, ahead of schedule, it said in a statement.
Japan March Ethylene Output Rises 15.3 Pct yr/yr
(Tuesday, April 07, 2015) Japanese ethylene production in March rose 15.3 percent from the same month a year earlier to 588,700 tonnes, data released by the Ministry of Economy, Trade and Industry on Tuesday showed.
Blast Hits China Chemical Plant, One Injury Reported
(Monday, April 06, 2015) An explosion hit part of an oil storage facility on Monday at Dragon Aromatics, an independent petrochemical producer in eastern China, Xinhua reported.
Siluria Opens New Gas-to-Ethylene Conversion Unit
(Wednesday, April 01, 2015) Siluria Technologies, a pioneer in the commercial production of fuels and chemicals made from clean and abundant natural gas, holds a grand opening event announcing the successful start-up of its demonstration plant located in La Porte, Texas.
Saudi's Sipchem Says Initial Operations Begin at Plastics Plant
(Tuesday, March 31, 2015) Preliminary operations have begun at a new plastics plant owned by an affiliate of Saudi International Petrochemical Co (Sipchem), which should lead to production starting in April, Sipchem said on Tuesday.